QuickBooks consulting works best when it’s an ancillary service offered in conjunction with another recurring activity such as bookkeeping, accounting, tax or other financial services. When offering it as a standalone service I’ve always found it very difficult to earn a profit once I subtracted out the significant amount of free initial (go nowhere) meetings with people who were searching for nothing more than a free push in the right direction.

 

Once I landed a QuickBooks engagement, the rates typically were below market due to there not being any real barrier to entry this activity. Just about anyone can call themselves a QuickBooks consultant.

Consulting on QuickBooks, in my opinion, is a great idea for CPA firms who can offer these services to existing clients. The smartest way to offer QuickBooks consulting to the general public is via seminars so that anyone who is not already a client can be told to register for the session as a first step (paid) and if there are issues or questions they still have then they can retain you for a paid follow-up.

See how you just converted a request for a free initial meeting into a paying engagement?  And you can make money by offering these seminars/conferences as well.